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Oil Prices Ease as Mediators Propose US-Iran Ceasefire
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- Published
- Sep 26, 2026, 11:56 AM UTC
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U.S. President Donald Trump has rejected Iran’s proposed seven-day ceasefire plan and reportedly told close aides that he expects U.S. strikes on Iran to resume after the November 2026
UNITED NATIONS (AP): Iran has offered to reopen the Strait of Hormuz and resume talks on its nuclear programme in seven days if the United States lifts its naval blockade of Iranian ports, waives sanctions on Iranian oil sales, and observes a ceasefire that would include Lebanon. Iranian Foreign Minister Abbas…
Prices moved back below the Sh13,828 mark on Friday after reports that Washington and Tehran are exploring a phased deal that could see Iran reopen the.